Desjardins Issues Negative Forecast for WSP Global Earnings

WSP Global Inc. (TSE:WSP) – Investment analysts at Desjardins cut their Q2 2025 earnings per share estimates for shares of WSP Global in a research note issued on Thursday, May 8th. Desjardins analyst B. Poirier now expects that the company will post earnings of $2.34 per share for the quarter, down from their previous forecast of $2.49. The consensus estimate for WSP Global’s current full-year earnings is $9.57 per share. Desjardins also issued estimates for WSP Global’s Q3 2025 earnings at $2.65 EPS, Q4 2025 earnings at $2.64 EPS, FY2025 earnings at $9.39 EPS, FY2026 earnings at $10.55 EPS and FY2027 earnings at $12.26 EPS.

A number of other research analysts also recently weighed in on the stock. BMO Capital Markets raised their price target on shares of WSP Global from C$284.00 to C$294.00 in a report on Thursday, February 27th. Stifel Nicolaus lowered their target price on shares of WSP Global from C$310.00 to C$300.00 and set a “buy” rating on the stock in a research report on Thursday, April 17th. CIBC boosted their price target on WSP Global from C$295.00 to C$296.00 in a research report on Thursday, April 17th. Canaccord Genuity Group lowered their price objective on WSP Global from C$305.00 to C$300.00 in a report on Thursday, April 10th. Finally, TD Securities boosted their target price on WSP Global from C$298.00 to C$307.00 and gave the stock a “buy” rating in a report on Monday. One research analyst has rated the stock with a hold rating, eight have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$283.92.

WSP Global Price Performance

Shares of WSP opened at C$258.64 on Monday. The firm has a market cap of C$33.37 billion, a PE ratio of 49.42, a PEG ratio of 1.09 and a beta of 0.82. The firm’s 50 day moving average price is C$245.22 and its 200 day moving average price is C$248.17. The company has a debt-to-equity ratio of 80.45, a quick ratio of 1.04 and a current ratio of 1.26. WSP Global has a twelve month low of C$201.24 and a twelve month high of C$266.00.

Insider Buying and Selling

In other WSP Global news, Director Macky Tall purchased 2,056 shares of the stock in a transaction on Thursday, March 6th. The shares were purchased at an average price of C$243.94 per share, with a total value of C$501,540.64. 0.06% of the stock is owned by company insiders.

WSP Global Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend was Monday, March 31st. WSP Global’s payout ratio is presently 28.66%.

WSP Global Company Profile

WSP Global Inc provides engineering and design services to clients in the Transportation & Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).